ProCare Physical Therapy

Cathy & Joe Scarpitto

40% Growth Leads to a Profitable Exit

Cathy and Joe had each been in the PT industry for over three decades, with 19 years of experience running their own practice. When it came time to sell, they worked with Breakthrough to increase the value of their practice and make a successful exit.

Key Takeaways
40% EBITDA Growth
After less than 1 year
2X Valuation
Buyer doubled their offer

After over 3 decades in private practice, Cathy and Joe knew they didn’t want to keep working 70 hours a week at their clinics. At this point, they knew their options were to either scale up and pull out of the business or sell it.

Throughout the years, the couple had been approached about selling their practice. But after discovering what their practice was worth to the potential buyer, it never made financial sense to sell.

So, the Scarpittos set a goal to increase the value of their practice and began working with Breakthrough. Catchy and Joe implemented everything they learned and installed new growth systems into their practice that allowed them to attract more patients from the public and scale their practice profitably.

And when their practice was reevaluated after 10 months, the buyers doubled their offer.